BiggerPockets Money Podcast · Friday, October 30, 2026
Jay Scott explains the timeline of how energy supply shocks transmit through the economy, starting with crude oil futures moving in minutes, gas and diesel prices responding within weeks, food and goods taking three to six months, and wage growth and Fed rate decisions taking up to two years.
“First thing you see is what we refer to as crude oil futures. Basically, the price out about two months that the big buyers of oil are paying now to lock in prices for future purchases.”
“It really is a domino effect where we see certain changes very quickly and then other systemic and foundational and structural changes that can take 12, 18, 24 months.”